Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

District: 6
Federal Reserve Bank of: Atlanta

Filings received during the week ending November 14, 2009

Filer Filing Type Filing Proposal End of Comment Period
IBERIABANK * Branch IBERIABANK, Lafayette, Louisiana, to establish a branch located at 468 Metairie Road, Metairie, Louisiana, to be known as the Metairie Road Branch.
Newspaper: 11/18/2009
Federal Register: Not applicable
SUNTRUST BANK * Branch SunTrust Bank, Atlanta, Georgia, to establish branches in the following locations: 3857 Main Street, College Park, Georgia, to be known as the Historic Downtown College Park; the northeast corner of the intersection of Auction Ave and North 7th Street, Memphis, Tennessee, to be known as the St. Jude Office, and 1923 Sam Rittenberg Boulevard, Charleston, South Carolina, to be known as the Sam Rittenberg Office.
Newspaper: 11/28/2009
Federal Register: Not applicable
TRISUMMIT BANK * Branch TriSummit Bank, Kingsport, Tennessee, to establish a branch located at 1999 East Stone Drive, Kingsport, Tennessee.
Newspaper: 11/23/2009
Federal Register: Not applicable
UCB FINANCIAL GROUP, INC. CIC Prior change in control notice filed by Serguei Kouzmine, Atlanta, Georgia, to acquire 24.3 percent of the outstanding shares of UCB Financial Group, Inc., and its subsidiary, Atlanta Business Bank, both of Atlanta, Georgia. Pro forma total ownership will equal 31.2 percent.
Newspaper: 12/03/2009
Federal Register: Not available


Availability of CRA Public Evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.
 
Institution / Location
RSSD
ID
 
Exam Date
CRA
Public Date
CRA
Rating
Exam Method
PROGRESS BK OF FL, TAMPA, FLORIDA 761178 07/20/2009 11/10/2009 S Small Bank


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

* Subject to the provisions of the Community Reinvestment Act

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco